•  paul
  • 50.2% (Neutral)
  • Member Topic Starter
Investors are still trying to figure out how to react to Apple's Q4 financial results for its fiscal year that ended in September. Apple posted quarterly revenue of $37.5 billion and a profit of $7.5 billion, or $8.25 per diluted share, compared to revenue of $36 billion and a profit of $8.2 billion, or $8.67 per diluted share, in the same quarter a year ago. In other words, revenue is up but profit is down, albeit the company is still making an obscene amount of money.

Apple sold 33.8 million iPhone devices during its financial fourth quarter, the most ever for that particular time period, and up from 26.9 million iPhone sales during the same quarter a year ago. The Cupertino outfit also sold 14.1 million iPads, up slightly from 14 million last year, and 4.6 million Macs, down from 4.9 million a year ago.

Apple Store

"We’re pleased to report a strong finish to an amazing year with record fourth quarter revenue, including sales of almost 34 million iPhones," said Tim Cook, Apple’s CEO. "We’re excited to go into the holidays with our new iPhone 5c and iPhone 5s, iOS 7, the new iPad mini with Retina display and the incredibly thin and light iPad Air, new MacBook Pros, the radical new Mac Pro, OS X Mavericks and the next generation iWork and iLife apps for OS X and iOS."

Apple's stock ended the day up 0.74 percent, then declined by 5 percent in after hours trading. It's since bounced back up a bit, though is still down around 2 percent compared day's end.

Looking ahead, Apple expects to post revenue between $55 billion and $58 billion for its first 2014 fiscal quarter. That will depend in part on how well received Apple's newly announced products are, including the iPad Air, iPad mini with Retina display, and Mac Pro.

IPhones/Ipads really are like a drug. People don't know why they really need to have it but they do... lining up for 15 days to get a new IPhone is just crazy... sorry it is.

All in all they are good at marketing and have loyal fans.


While paying 2% taxes....but hiding money in Irish tax shelters is coming to an end.


and literally make boat loads of money. I mean literally.


I completely agree - the fact that anyone lines up to buy these products is crazy, given that they do almost nothing different from the last versions. It's not like it's a new gaming console or something. Apple fans like that are seriously crazy. I think some of them actually think Apple is this great, ethical company, when in reality they're one of the greediest, protectionist, innovation stifling companies out there.


I did hear that they get paid to stand in the line so that Apple could get more publicity.

Yes SmogHog, it's crazy isn't it. They avoid paying tax and the president vetoes a ban for them.... why would you do that for a company that isn't paying billions in taxes... I just don't get it.


"why would you do that for a company that isn't paying billions in taxes... I just don't get it."

Political contributions!